China's antitrust regulators weigh levying record fine on Alibaba: Report

Topics Alibaba | antitrust law | China


(Reuters) - China's antitrust regulators are considering levying a record fine on Alibaba Group Holding Ltd over suspected anticompetitive behavior, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The fine could surpass the $975 million that Qualcomm paid in 2015 over anticompetitive practices, the report said https://www.

wsj.com/articles/china-regulators-plan-to-tame-tech-giant-alibaba-jack-ma-11615475344?mod=latest_headlines. The regulators are also considering whether the Chinese e-commerce.....

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